Introducing a rare development opportunity nestled in one of Brooklyn's most sought-after neighborhoods, Carroll Gardens. Strategically positioned on the corner of 3rd Street and Smith Street, this parcel offers approximately 6,950 square feet of prime real estate. Zoned C2-4/R6B, this property presents endless possibilities for savvy developers and investors. An approved plan for a four-story building has been secured, showcasing a visionary design that maximizes both commercial and residential potential. The proposed structure boasts a sprawling 3,300-square foot retail space on the ground floor, perfectly positioned to capitalize on the vibrant foot traffic along Smith Street. Above, 11 thoughtfully crafted apartments await, spanning a total of 9,800 square feet of residential space. With an average apartment size of nearly 900 square feet, these units promise spacious and comfortable living environments for future residents. Adding to the allure, multiple parking spaces are designated for the cellar level, ensuring convenience and accessibility for both tenants and patrons alike. Buyers are encouraged to conduct their due diligence to fully grasp the immense potential and value this offering presents. Carroll Gardens is renowned for its charming streets, eclectic dining scene, and proximity to transportation hubs, making it a highly coveted destination for discerning residents and businesses alike. Seize this exceptional opportunity to leave your mark on one of Brooklyn's most dynamic neighborhoods. Contact us today to explore this prime development prospect and unlock the possibilities!
Lot/land
Price cut: $350K (7/6)
$8,450,000
375 Smith St, Brooklyn, NY 11231
--beds
--baths
6,145Square Feet
Unimproved Land
Built in ----
6,145 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 128 days |
- 250 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
E House Realty & Mgt. Inc. 718-680-2776,
Jin Ning (Vincent) Huang 917-288-1668
Source: BNYMLS,MLS#: 499297
Facts & features
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $8,450,000-4% |
Source: | ||
| 3/3/2026 | Listed for sale | $8,800,000-7.4% |
Source: | ||
| 3/1/2026 | Listing removed | $9,500,000 |
Source: | ||
| 11/30/2025 | Price change | $9,500,000-4% |
Source: | ||
| 8/7/2025 | Price change | $9,900,000-15.4% |
Source: | ||
| 4/14/2025 | Price change | $11,700,000-2.5% |
Source: | ||
| 2/19/2025 | Price change | $12,000,000-5.9% |
Source: | ||
| 1/6/2025 | Listed for sale | $12,750,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Carroll Gardens
Nearby schools
GreatSchools rating
- 8/10Ps 58 The CarrollGrades: PK-5Distance: 0.1 mi
- 6/10Brooklyn Secondary School For Collaborative StudiesGrades: 6-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.









